How ex-CEO Sam Bankman-Fried went from crypto billionaire to bankruptcy — Transcript
Full transcript
- 0:00crypto billionaire to bankruptcy how do
- 0:03you explain the failure was it an
- 0:05inattention arrogance it's a good
- 0:09question is it unethical
- 0:10Sam bankman freed is The Man Behind the
- 0:13rise and fall of FTX and this morning
- 0:15he's going one-on-one with George
- 0:17Stephanopoulos I wasn't even
- 0:20trying like I wasn't
- 0:23spending any time or effort trying to
- 0:25manage risk on FTX trying like and that
- 0:29that obviously is a substation what
- 0:31that's a pretty stunning admission I
- 0:33don't know what to say like what
- 0:34happened happened and like if I had been
- 0:36if I had been spending an hour a day
- 0:39thinking about risk management on FTX I
- 0:42don't think that would have happened
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